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This set of practices is a type of risk assessment and it aims to maximise a business enterprise’s profits. It does so by improving the management process of preventable losses. Retail shrink which is a preventable loss costs businesses a total of $46.8 billion in losses due to shoplifting, theft, error and fraudulent activities.

Companies and supply chain authorities can use tech like RFID tags, video analytics, POS product activation, biometrics and smart shelves to ensure that there is no theft of the product in the supply chain cycle.

They use technologies like CCTVs that track daily operations and other monitoring tools for internal audits and daily inspections.

Accessible to Use – BBQ bottle gas is straightforward to use and simply requires attaching to your BBQ to get started. With Bottle Gases, our BBQ and patio gas bottles are easy to connect and require little maintenance. Once connected, gas can flow through to the BBQ or patio appliance, and all you need to do is trigger the ignition switch.

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Rapid Ignition – When lit, propane burns almost instantly and takes little time to reach maximum heat output. This makes propane an ideal solution for quicker cooking when using a BBQ, resulting in significantly less time spent waiting around for the appliance to heat up than a solid fuel BBQ. Using propane gas as BBQ and patio gas provides an efficient solution to outdoor cooking.

Another reason that highlights the importance of loss prevention is training the new hires in the onboarding process. You can have your current employees participate in the additional loss prevention training at various intervals throughout their employment.

With anti-theft signs, you can prevent customers from shoplifting. You can craft “beware” signs that state that the costumes are under camera surveillance and if they are caught shoplifting, strict legal measures will be taken against them.

Regularly monitoring loss trends helps identify areas vulnerable to theft. Small losses can go unnoticed for long periods. By analysing loss data and performing audits on accounts with unusual discrepancies, you can pinpoint where and why losses are occurring, allowing you to take targeted preventive measures.

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In the retail sector, which often operates with narrow profit margins, reducing inventory losses is essential for safeguarding profits. Loss prevention or risk management is equally crucial for businesses in other industries, including restaurants, wholesale distribution, logistics, and healthcare.

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We are pleased to offer BBQ and patio gas online today. If you require more information about any of the bottle gas we have in stock here at Bottle Gases, please don’t hesitate to get in touch with our friendly advisors. You can call us on 01843 220 596 or use our simple online contact form.

Choosing to work with an external accountant can give you an objective analysis of your business’s financial records. They can also pick up on any inconsistencies with your finances that an internal accountant may have missed.

Whether you’re feeding the family or hosting a garden party, preparing food on your BBQ quickly and safely and getting your patio heater up to full as efficiently as possible is essential. That’s why you need access to high-quality LPG gas, which is tested regularly to guarantee safety and gas condition.

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Conduct regular cycle counts.  This involves physically verifying the quantity of merchandise on hand and comparing it to your records. Additionally, double-check incoming deliveries for accuracy and verify outgoing shipments against invoices.

To prevent inventory discrepancies, verify outgoing shipments against invoices and double-check incoming deliveries for accuracy. This ensures you receive what you pay for and prevents products from being unaccounted for.

This refers to technology for monitoring and surveillance systems that businesses use to monitor operations and maintain the integrity and efficient use of resources like company assets, products and services.

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This phenomenon is a crucial component of multiple businesses and provides several benefits, including better customer service and reduced shoplifting and inventory damage. This is a strategy or other strategies that companies use as part of an overall security management plan and work to reduce the amount of loss a company experiences.

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Capable of heating a BBQ in a matter of moments, our range of BBQ and patio gas offers a cost-effective selection of products to suit all your requirements. The versatility of our range of propane refillable gas bottles makes them perfect for both barbecuing on summer evenings but also to fuel your patio heater when the weather turns cooler.

A good loss prevention measure is to practise pre-screening the applicants. Do this before you hire them. This includes conducting background checks and calling. You can also contact the applicant’s references.

Policies that can prevent these losses can be simple government regulations or stringent company policies. There is another form of procedure that prevents losses is the implementation of plans that lay down proactive strategies for uninterrupted business activity even during emergencies.

If the candidate was let go from a job in the past due to behavioural or moral issues that contributed to the loss, then it would be in the best interest of the company not to hire him.

These are the policies and the standard procedures that you implement in operations that work together to foster an environment that prevents activities that could lead to losses.

Enjoying a BBQ with the family in the Great British sunshine is a staple for many families around the country, so it’s essential you invest in the right gas to ensure your family event goes off without a hitch.

Loss prevention safeguards your profits. From EAS tags to employee training, various strategies can minimise theft, errors, and obsolescence. But for a truly secure supply chain, you need advanced solutions.

Gas BBQs commonly use liquefied petroleum gas (LPG). There are two different types of LPG; butane and propane. Although both gases can be used as BBQ and patio gas, butane is more commonly used as Campingaz and for indoor portable heaters due to its higher boiling point.

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Proper and strategically located physical security in your warehouse or store can help you not only deter theft but also identify troublemakers. One of the most common ways companies use physical security is through security cameras. You can place these cameras in strategic locations and corners at the entrance of your warehouse or store, in the delivery and loading areas, and in all POS terminals.

Electronic Article Surveillance (EAS) uses radio waves (RF) or acousto-magnetic (AM) technology. Tiny tags on the merchandise and antennas near the exit emit a signal. When an active tag passes through the field, it disrupts the signal, triggering an alarm to alert staff of a potential shoplifting attempt.

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EAS tags attached to merchandise trigger an alarm if someone tries to leave the store without deactivating them at checkout. This deters theft attempts by both customers and employees. Remember, EAS tags should only be removed by authorised personnel after a proper sale is recorded in the Point-of-Sale (POS) system.

If you are in the management or are the CEO of the business, then you can lead by example. Show your employees good practices to prevent losses adhering to them at all costs.

Works All Year Round – The boiling temperature of propane sits at around -42°c, making it ideal for use in colder temperatures. This fact means that you can continue to enjoy your outdoor BBQ and patio gas appliances even in the colder months, as the low boiling point allows propane to ignite in colder temperatures. Our patio and BBQ gas bottles can be used all year round, making them a sound investment.

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You can also hire a security staff for additional physical security. Security guards can minimise the level of theft. Additionally, you can also place alert alarms on behalf of your employees and customers. This will boost the efforts to prevent loss.

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A POS system or Point-of-Sale system has extra security features that prevent loss and help in management with useful information that uncovers the cause of loss if it occurs. Many POS systems with additional security features include a management interface that requires employees to log in and log out. This lets the managers know who was in there and at what time using the facilities. If theft occurs, you can check the POS system to narrow down the cause.

Enhanced Taste – Though not scientifically proven, a popular opinion among many is that propane BBQs can actually make the food taste nicer than if cooked using butane gas.

Employees play a crucial role in loss prevention. Aligned and engaged employees enhance the effectiveness of processes and systems designed to prevent business losses. In retail and customer-facing establishments, attentive employees not only create a positive impression but also deter theft and shoplifting, reducing potential losses.

Here at Bottle Gases, we are proud to stock a wide range of gases, including high-grade patio gas suitable for domestic and commercial use. Purchasing gas couldn’t be more accessible, as we deliver right to your door, and we’ll refill your BBQ gas bottles once they’re used – all you need to do is hit the order button, and we do the rest!

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While these measures are effective, companies also need to know the right tools and methods to do so. For the best loss prevention security measures are not a one-time thing. Companies need to actively update it given their scale of operations and the risk of disasters.

So, to minimise loss, companies need to take proper measures that they can implement. Usually, the implementation of such measures occurs on three fronts: processes and procedures, systems and people.

Each year, retailers and other businesses face billions of dollars in losses due to theft, inventory obsolescence, fraud, and employee errors. To combat this, companies must implement preventative measures—a collection of strategies, tools, and technologies designed to minimise issues like shoplifting, employee theft, fraud, and avoidable administrative mistakes.

Other than these measures of loss control, you also need detailed strategies that help you plan out your course of action. Let’s see what they are: